The 3 Numbers Every Business Owner Must Track
A business can be busy, growing revenue, and still be going backwards. Today we share a framework we use to judge business health properly, covering cash flow, profit margins, and the personal wealth piece most owners ignore. It’s a clearer way to tell what’s working, what’s not, and what matters next.
The Numbers Game · Nick Reilly, Jason Robinson
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Show Notes
A business can be busy, growing revenue, and still be going backwards. Today we share a framework we use to judge business health properly, covering cash flow, profit margins, and the personal wealth piece most owners ignore. It’s a clearer way to tell what’s working, what’s not, and what matters next.
On this episode, we discuss:
00:00) Intro
(02:34) Three Key Numbers Every Business Owner Must Watch
(04:03) Revenue Is Vanity, Profit Is Sanity: The Cash Is King Rule
(06:07) Profit vs Cash Flow: Understanding Dividend Payouts
(08:23) The Power Of Recurring Revenue And Retainer Models
(10:15) Data-Driven Sales: Using Lead Conversion To Predict Revenue
(16:42) Decoding Margins: Gross Profit vs Net Profit Margins
(19:45) Benchmarking Your Business: How Do You Compare To Competitors?
(23:47) When To Increase Your Fees Without Losing Customers
(28:35) Personal Wealth Strategy: Building Assets Outside Your Business
Check out the free resources from Inovayt here.
Send us an email: [email protected]
The Numbers Game is brought to you by Future Advisory & Inovayt.
Hosts:
Nick Reilly
Jason Robinson
This podcast is produced by VIDPOD.
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